encouraged by gov't, incredible market penalties for failure, tax advantages, a soldier in China's war to make a middle class, well-run, selling at about a 4-1 P/E should be a $100 + stock once it finishes its growth phase,

China has provided it with tax advantages, China is hurtling into developing a middle class which drinks milk, the retail market is virtually untapped and has huge growth potential, the company is acting in an adult manner by cleaning up its accounting practices and working to grow its brand.

Sales growth and earnings grew at an excellent rate in recent quarters. Good growth estimates for the next two years. High insider ownership. High ROE. Only 13 funds own shares, 2% of shares owned by funds, and only 4 analysts cover it.

It has seized the opportunity to capture a greater share of the infant formula market with its popular brand name Feihe Dairy and has moved to increase capacity production by more than 150% over the next two years,

Others here say it better, but basically the price has been hit hard by accounting 'mishaps' which the company seems eager to correct. The numbers that we do have look good and low institutional ownership and analyst coverage have likely permitted this one to become oversold.

Many Chinese young people(especially girls) half-believe that that drinking milk makes your skin whiter. I mean its nutritional and you can save money on face-whitening cream, whats not to like?

I'm not kidding.

But me personally I could care less about white skin, I just know this is a steal at this price. Especially with so mnay mothers convinced that milk is what their one and only child needs to be healthy and get good grades. Still not kidding.